NQ - Sell Entries for Larger Decline (DX shows the way)
Levels are for THIS Weekly Closing. .382 is the likely Level... unless
BR goes full tilt Friday... tough move for them as it puts them out of balance.
VG & BR played cat and mouse until 3:45PM EST this go around
and then unleashed the afterburners expected early at 2:45PM EST.
We'll take it as it shows the longer pattern of Distribution has come
to a decided end.
AS Liquidity dries up into Friday, they'll need to buy it... or it plunges.
14502 is our next primary Target as 2Day everything broke.
Uncle Buck wants 94.65 - it will get there.
TSLA couldn't save the ES, let alone itself as it tried and tried to
break 696, Sellers said nope, screw you.
4441 ES pivot is now gone, adios... 4003 or so, 200SMA decline
has begun, it's going to be sporty, so we've moved 1/2 positions
out to December on ES and NQ - YM Losing 35K was an important
footnote on the Day as it can RT.
RUT = DOA, never able to recapture 2335.
The initial leg has another 8% with ease prior to a whipsaw.
CONfidence in Dipping is ending. Fear and cautionary tones setting
in today. Ever gullible... changed their tunes as well @ 4:02PM EST.
Only the Kinky Meme's are hanging in there, the usual suspects
AMC< GME< TSLA (yes Tesla is a Meme imho)
As Opex unfolds on an ill-liquid Friday, any large Volume profit
taking will see a 3% down day without breaking a sweat.
We repeatedly warned of this decline setup, although our higher
Fills were not tagged, we're good with that, there is plenty more,
a great deal more where today came from.
Larger downside targets were all confirmed today, there isn't much
out of DC or NYC that can reverse what is now in motion.
Trust and Confidence were broken this week.
Buckle up, it's going to be a nasty ride South for another 400 ES
handles.
BR goes full tilt Friday... tough move for them as it puts them out of balance.
VG & BR played cat and mouse until 3:45PM EST this go around
and then unleashed the afterburners expected early at 2:45PM EST.
We'll take it as it shows the longer pattern of Distribution has come
to a decided end.
AS Liquidity dries up into Friday, they'll need to buy it... or it plunges.
14502 is our next primary Target as 2Day everything broke.
Uncle Buck wants 94.65 - it will get there.
TSLA couldn't save the ES, let alone itself as it tried and tried to
break 696, Sellers said nope, screw you.
4441 ES pivot is now gone, adios... 4003 or so, 200SMA decline
has begun, it's going to be sporty, so we've moved 1/2 positions
out to December on ES and NQ - YM Losing 35K was an important
footnote on the Day as it can RT.
RUT = DOA, never able to recapture 2335.
The initial leg has another 8% with ease prior to a whipsaw.
CONfidence in Dipping is ending. Fear and cautionary tones setting
in today. Ever gullible... changed their tunes as well @ 4:02PM EST.
Only the Kinky Meme's are hanging in there, the usual suspects
AMC< GME< TSLA (yes Tesla is a Meme imho)
As Opex unfolds on an ill-liquid Friday, any large Volume profit
taking will see a 3% down day without breaking a sweat.
We repeatedly warned of this decline setup, although our higher
Fills were not tagged, we're good with that, there is plenty more,
a great deal more where today came from.
Larger downside targets were all confirmed today, there isn't much
out of DC or NYC that can reverse what is now in motion.
Trust and Confidence were broken this week.
Buckle up, it's going to be a nasty ride South for another 400 ES
handles.